TAIPEI : Taiwan's export orders fell for the ninth consecutive month in May, but fared better than expected as demand was seen picking up on the back of interest in artificial technology and other high performance computing products.The island's export orders, a bellwether for worldwide technology demand,
TAIPEI : Taiwan's export orders fell for the ninth consecutive month in May, but fared better than expected as demand was seen picking up on the back of interest in artificial technology and other high performance computing products.
May's slip was the ninth year-on-year contraction, and compared with a 20.0 per cent predicted fall in a Reuters poll and an 18.1 per cent drop in April. Orders for telecommunications products fell 9.5 per cent and electronic products fell 16.6 per cent from a year earlier, the statement said. The ministry said it expected export orders in June to be down by between 17.6 per cent and 21 per cent from a year earlier.
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